The I On Trust is located in Mount Pleasant, SC. The organization was established in 1998. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I On Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, I On Trust generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL AND ARTISTIC EVENTS, SOCIAL ANDNETWORKING ACTIVITIES, WHILE ENCOURAGINGCOMMUNITY INVOLVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shannon Runquist Board President | 1 | $0 | |
Reid Elliott Board Treasurer | 1 | $0 | |
Deborah O'lunney Board Secretary | 1 | $0 | |
Lauren Smith Board Member | 1 | $0 | |
Catherine Kotz Board Member | 1 | $0 | |
Stepehn Zaleski Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $81,242 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$31,904 |
Other Revenue | $288 |
Total Revenue | $49,628 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $26,700 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $339 |
Other expenses | $5,543 |
Total expenses | $32,582 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $268,151 |
Other assets | $0 |
Total assets | $268,151 |
Total liabilities | $0 |
Net assets or fund balances | $268,151 |